Low-performing stocks dominate gainers' chart amid market slump
A surprising rally in low-performing and non-operational stocks has raised concerns, as share prices of several junk and B-category companies continue to soar despite repeated warnings from the firms that no undisclosed price-sensitive information exists.Several of these companies, some of which have been inactive for years and have failed to...
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BRAC Bank's net deposit growth hits Tk 100b in eight months
BRAC Bank's branch network has reported a record net deposit growth of Tk 100 billion in the first eight months of 2025, underscoring the sustained momentum in deposit mobilisation.This milestone builds on the consistent upward trajectory achieved in recent years, as the branch network continues to redefine industry benchmarks for...
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TOP 10 SUSTAINABLE BANKS HONOURED
Bangladesh Bank has announced the names of the top 10 sustainable banks based on its Sustainability Rating 2024. The rating is prepared by Bangladesh Bank using two broad criteria: (1) Financial Sustainability -- measured through core banking performance indicators such as capital adequacy, liquidity, asset quality, profitability, cost efficiency, customer...
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Pakistan keen to strengthen trade ties with BD
Pakistan has expressed keen interest in boosting bilateral trade with Bangladesh for mutual benefit, highlighting opportunities for closer economic cooperation between the two countries. The announcement came during an interactive meeting between Pakistan's Federal Minister for Commerce Jam Kamal Khan and Dhaka Chamber of Commerce and Industry (DCCI) President Taskeen...
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Walton gets LEED platinum certificate
Country's superbrand and tech giant Walton has been awarded the prestigious LEED Platinum Certification from the United States Green Building Council (USGBC) for its environment-friendly green 'Mold and Die Complex', says a press release. For getting highest score based on its sustainable design and construction practices, promoting energy efficiency, water...
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Agrani Bank 30-day foundation training course ends
Agrani Bank Training Institute (ABTI) organised a 30-day foundation training course for officers cash (92nd batch and 93rd batch) concluded on Thursday. Agrani Bank PLC Managing Director and CEO Md Anwarul Islam attended the concluding ceremony as the chief guest and distributed certificates among the participants. Agrani Bank Deputy Managing...
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Karmasangsthan Bank opens 283rd branch in Pabna
The 283rd branch of Karmasangsthan Bank, Ishwardi Branch, Pabna, was inaugurated on Thursday. Dr AFM Matiur Rahman, Chairman of the bank, and former Secretary, inaugurated the branch as the chief guest. Managing Director of Karmasangsthan Bank Arun Kumar Chowdhury and General Manager of Audit Division Md Amirul Islam were present...
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Transcom Digital launches new showroom in Chattogram
Transcom Digital, the country's leading premium electronics and home appliance retailer, has officially launched its new showroom at Chawkbazar, Chattogram one of the city's busiest business hubs. The showroom brings customers access to 100 per cent original products from world-renowned brands, along with Transcom's own brand Transtec, offering global technology...
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Asia's wealthy investors seek more crypto in portfolios
HONG KONG/SINGAPORE, Aug 21 (Reuters): Wealthy Asian families and family offices are ramping up their cryptocurrency investments, driven by the bullishness around digital assets, increased mainstream adoption and favourable regulatory developments in key markets.Wealth managers said they are receiving more enquiries, cryptocurrency exchanges have seen trading volumes surge and crypto...
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Trump raises pressure on Fed with call for governor to resign
WASHINGTON, Aug 21 (AFP): US President Donald Trump ramped up pressure on the US central bank Wednesday with a call for Federal Reserve Governor Lisa Cook to step down, as he repeatedly criticizes Fed Chair Jerome Powell for not lowering interest rates."Cook must resign, now!!!" Trump wrote on his Truth...
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Eurozone business activity growth hit 15-month high in August
BRUSSELS, Aug 21 (AFP): Business activity in the eurozone increased for an eighth consecutive month in July, rising to the greatest extent in 15 months, a closely watched survey showed on Thursday.The HCOB Flash Eurozone purchasing managers' index (PMI) published by S&P Global registered a figure of 51.1 this month,...
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J&J to invest $2.0b to boost US manufacturing as drug tariffs loom
NEW Aug 21 (Reuters): Johnson & Johnson said on Thursday it would invest $2 billion in North Carolina as it aims to expand its US manufacturing presence amid looming drug import duties proposed by President Donald Trump's administration.Major drugmakers, including Eli Lilly and AstraZeneca, have also committed to shell out...
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